Recently, many people have been discussing the trend of TRX. I also took a look at the market, and there are indeed some signals worth considering.

Based on current data, TRX is quoted at $0.297656, with technical indicators showing a consolidation and buildup phase. The RSI reading is 49.6, indicating a neutral to slightly weak position, with no obvious overbought or oversold signals yet. The support level is at $0.285700, while resistance is capped at $0.309600.

If we focus on the $0.305100 level, this is considered a key breakout point. If the price can stabilize here, there is greater potential for the subsequent trend to develop. Some analysis suggests that once the trend is confirmed, TRX could move toward $0.35 or even higher. However, these are market participants' expectations; the actual movement will depend on market reactions.

Let me share my trading approach. Initially, you could establish a small position around $0.297656, about 30% of your total capital to test the waters. If the price successfully breaks through $0.305100, consider adding another 20%. At the same time, remember to set a stop-loss at $0.285700—if the price falls below this, it’s time to exit decisively. As for targets, in the short term, watch how it performs at $0.35; a more distant goal some have mentioned is $0.53.

Trading is mainly about risk control and patience. What are your thoughts on this price level? Feel free to discuss together.